Shares of Shopify jumped 6.47% to $1,157.69 at 15:45 EST on Thursday, following last session’s downward trend. NYSE Composite is jumping 0.94% to $14,928.34, after two sequential sessions in a row of gains. This seems, up until now, a somewhat positive trend trading session today.
Shopify’s last close was $1,087.31, 11.01% under its 52-week high of $1,285.19.
News about Shopify today
Shopify takes trump stores offline. According to today’s article on The Wall Street Journal, "TORONTO-Online stores run by the Trump Organization and Trump campaign were taken offline on Thursday by Shopify Inc., an e-commerce software provider, in response to Wednesday’s riot at the U.S. Capitol.", "A Shopify spokeswoman said President Trump violated the company’s policy, which prohibits retailers on the platform from promoting or supporting organizations or people that promote violence. "
Shopify’s sales growth is 79.4% for the current quarter and 66.1% for the next. The company’s growth estimates for the current quarter and the next is 195.3% and 200%, respectively.
Year-on-year quarterly revenue growth grew by 96.5%, now sitting on 2.46B for the twelve trailing months.
Shopify’s last day, last week, and last month’s average volatility was a negative 2.89%, a negative 1.52%, and a positive 0.15%, respectively.
Shopify’s last day, last week, and last month’s high and low average amplitude percentage was 3.06%, 3.71%, and 4.61%, respectively.
Shopify’s Stock Yearly Top and Bottom Value
Shopify’s stock is valued at $1,157.69 at 15:45 EST, below its 52-week high of $1,285.19 and way higher than its 52-week low of $305.30.
Shopify’s Moving Average
Shopify’s value is higher than its 50-day moving average of $1,092.38 and way above its 200-day moving average of $1,018.24.